# CaroGen funding: rounds and investors

> CaroGen has raised $7.0M across 2 rounds since 2013. Investors include National Institutes of Health, Connecticut Innovations and Bijan Almassian.

Source: https://millionrounds.com/company/carogen (Millionrounds; every figure on the page links to its filing or article)

United States · [Funded startup](https://millionrounds.com/companies)

# Who invested in *CaroGen*

2 rounds we have observed, with the 5 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Pharma

Funding summary Updated 26 Oct 2026

**$7.0M** raised across 2 rounds since 2013, from 2 sources

**$150K** Seed **$6.8M** Grant

- **Latest round:** Grant, $6.8M Dec 2023
- **Step-up i:** 45.3×
- **Investors:** 5

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2013 2015 2017 2019 2021 2023

**$150K** Seed

**$6.8M** Grant

- **First round:** Seed, $150K
- **Biggest round:** $6.8M
- **Between rounds:** 10.3 years

## The rounds

- **Dec 2023** Grant **$6.8M** *2 new* [National Institutes of Health](https://millionrounds.com/fund/national-institutes-of-health) [Connecticut Innovations](https://millionrounds.com/fund/connecticut-innovations) Source recorded
- **Sept 2013** Seed **$150K** *3 new* Bijan Almassian Marc Silver Valerian Nakaar Reported by finsmes.com

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2013 **Grant** 2023 [National Institutes of Health](https://millionrounds.com/fund/national-institutes-of-health) [Connecticut Innovations](https://millionrounds.com/fund/connecticut-innovations) Bijan Almassian Marc Silver Valerian Nakaar

## Everyone who backed them

[National Institutes of Health](https://millionrounds.com/fund/national-institutes-of-health) Government **1** round

[Connecticut Innovations](https://millionrounds.com/fund/connecticut-innovations) Government **1** round

Bijan Almassian no record of our own yet **1** round

Marc Silver no record of our own yet **1** round

Valerian Nakaar no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=carogen).

## Quick answers about CaroGen

### Who invested in CaroGen?

CaroGen's investors include National Institutes of Health, Connecticut Innovations, Bijan Almassian, Marc Silver and Valerian Nakaar.

### How much has CaroGen raised?

CaroGen has raised $7.0M across 2 rounds since 2013.

### When did CaroGen last raise?

CaroGen's most recent round was a Grant of $6.8M in Dec 2023.

### What was CaroGen's biggest round?

Its most recent round, $6.8M in Dec 2023, is also its largest on record.

### Who backed CaroGen first?

CaroGen's first round on record, in Sept 2013, was backed by Bijan Almassian, Marc Silver and Valerian Nakaar.

### What stage is CaroGen at?

CaroGen's latest named round is a Grant, in Dec 2023.

### Where is CaroGen based?

CaroGen is based in the United States.

## Companies like CaroGen

In the same sector, and raised in the last eighteen months.

[**Matchpoint Therapeutics** $220M · Oct 2026](https://millionrounds.com/company/matchpoint-therapeutics)[**Rx Bandz** Oct 2026](https://millionrounds.com/company/rx-bandz)[**Hera Biotech** $1.8M · Sept 2026](https://millionrounds.com/company/hera-biotech)[**GevRx Nutraceuticals** $300K · Sept 2026](https://millionrounds.com/company/gevrx-nutraceuticals)[**RegCell** $81M · Sept 2026](https://millionrounds.com/company/regcell)[**ClearSight Therapeutics** $307K · Sept 2026](https://millionrounds.com/company/clearsight-therapeutics)

## Find investors like these

Search every investor by what they have actually funded, then narrow to your stage and market. Free.

Open the investor searchOr these rounds in the app